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PXPC (Phoenix Plus) Total Assets : $0.78 Mil (As of Oct. 2024)


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What is Phoenix Plus Total Assets?

Phoenix Plus's Total Assets for the quarter that ended in Oct. 2024 was $0.78 Mil.

During the past 12 months, Phoenix Plus's average Total Assets Growth Rate was -12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 14.70% per year.

During the past 5 years, Phoenix Plus's highest 3-Year average Total Assets Growth Rate was 14.70%. The lowest was -24.70%. And the median was -5.00%.

Total Assets is connected with ROA %. Phoenix Plus's annualized ROA % for the quarter that ended in Oct. 2024 was -45.07%. Total Assets is also linked to Revenue through Asset Turnover. Phoenix Plus's Asset Turnover for the quarter that ended in Oct. 2024 was 0.04.

Phoenix Plus Total Assets Historical Data

The historical data trend for Phoenix Plus's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phoenix Plus Total Assets Chart

Phoenix Plus Annual Data
Trend Jul20 Jul21 Jul22 Jul23 Jul24
Total Assets
1.74 2.23 1.58 1.25 0.92

Phoenix Plus Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 1.35 0.98 0.92 0.78

Phoenix Plus Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Phoenix Plus's Total Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (A: Jul. 2024 )+Total Liabilities (A: Jul. 2024 )
=0.677+0.245
=0.92

Phoenix Plus's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets=Total Equity (Q: Oct. 2024 )+Total Liabilities (Q: Oct. 2024 )
=0.569+0.213
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phoenix Plus  (OTCPK:PXPC) Total Assets Explanation

Total Assets is connected with ROA %.

Phoenix Plus's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=-0.384/( (0.922+0.782)/ 2 )
=-0.384/0.852
=-45.07 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Phoenix Plus's Asset Turnover for the quarter that ended in Oct. 2024 is

Asset Turnover
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0.031/( (0.922+0.782)/ 2 )
=0.031/0.852
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Phoenix Plus Total Assets Related Terms

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Phoenix Plus Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Plus Corp (OTCPK:PXPC) » Definitions » Total Assets
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Traded in Other Exchanges
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Address
2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200
Website
https://phoenixpluscorp.com
Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

Phoenix Plus Headlines

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